The East Vancouver detached market has been the most active market in Vancouver all year. The number of sales decreased 45% over last month, and 30% over this time last year. Even with this huge decrease in sales activity, the market is still showing a very strong sales to active ratio of 25%. Prices haven’t budged over last month, but they have increased 5% over last year.
This market will still be very busy next year, we’re just hoping to see some good product hit the market. If you’re interested in selling your East Van home, let us know – we’ll ensure that it’s marketed properly and represented professionally.
Recent Detached House Sales in East Vancouver
One of the most expensive houses sold last month in East Van was this 6 bedroom, 3 bathroom Character Home in Grandview. Taken down to the studs & completely rebuilt with permits by an architect & engineer in 2012, this upgrade enhanced the old world charm and added stylish modern conveniences, including new windows, electrical & plumbing. The home has over 3000sqft, a great backyard and a legal 2 bedroom suite downstairs. Listed for $1,588,000, it sold 23 days later for $1,540,000.
One of the least expensive homes sold in East Van last month was this 1820sqft home on a 32×113′ lot on Knight. This home has a 3yr old roof, newer hot water tank, finished basement (with 2 bedrooms), covered sundeck and more. This home was listed for $679,000 and sold 14 days later for $695,000.